Fiji's military seizes control of Air Pacific
Fiji's military regime has seized management control of Air Pacific, but denies it is nationalising the airline at the expense of minority shareholders including Qantas and Air New Zealand.
Air Pacific is 51 per cent state-owned, with Qantas, Air New Zealand and other Pacific states holding shares.
Military dictator Voreqe Bainimarama has imposed a military decree that he says will make Fiji comply with international conventions on aviation.
The new law stipulates that Air Pacific will have to be under the "substantial ownership and effective control" of the government, a Fijian citizen or a corporation which is at least 51 per cent-owned by Fijians.
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